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World Bank Group President

Kim reiterated support for the country’s ambitious reform agenda aimed at accelerating growth and improving people’s lives.

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Economic Report

Reforms are needed to accelerate growth, address fiscal and external vulnerabilities, and improve living standards of people.

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Opinion

Land reform will be challenging, but the rewards to rural Ukraine, and to the entire country, promise to be transformative.

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Ukraine in Figures


Ukraine’s economy grew by 2.3 percent in 2016 after around 16 percent cumulative real GDP contraction in the previous two years. The recovery was supported by a bumper harvest and a pickup from low levels in manufacturing, construction, and key services. The poverty rate remained elevated in 2016, but declined slightly relative to 2015 levels due to lower inflation and higher wages. The economic outlook is modest given significant headwinds related to the conflict and trade blockade in the east of Ukraine. Sustainable recovery is contingent on renewed structural reform momentum. Read more...

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Satu Kahkonen

Country Director for Belarus, Moldova, and Ukraine

Faruk Khan

Lead Economist and Program Leader

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Kyiv, (380 44) 490-6671
1, Dniprovskiy Uzviz, 2nd Floor, Kyiv 01010, Ukraine
ukraine@worldbank.org